+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Jojoba Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

  • PDF Icon

    Report

  • 121 Pages
  • January 2023
  • Region: Global
  • IMARC Group
  • ID: 5732931

Quick Summary:

In the thriving global jojoba oil market, comprehending the complexities and identifying key growth drivers are crucial for informed decision making. Jojoba oil, a rich and nourishing vegetable oil derived from the beans of the jojoba shrub, is sought after for its remarkable compatibility with the skin's sebum. This makes it a vital ingredient in several skin and hair care products, replacing traditional animal fats. Boasting a long shelf life, resistance to rancidity and undeterred integrity under high temperature and pressure, it further enhances the product longevity of items it composes.

These factors signify a growing demand, driving investments in R&D by leading companies to develop efficient solutions within the jojoba oil market. Understanding these dynamics provides a strategic edge in this competitive industry. The detailed report analyzes key trends, identifies the main application areas, examines distribution channels, and provides comprehensive regional insights. A thorough understanding of the market landscape is thereby beneficial for businesses to formulate robust strategies, promote growth and achieve a competitive advantage.

The global jojoba oil market size reached 18,211.4 Tons in 2022. Looking forward, the publisher expects the market to reach 27,025.3 Tons by 2028, exhibiting a CAGR of 6.8% during 2022-2028.

Jojoba oil is a type of vegetable oil obtained from the crushed beans of the jojoba shrub, scientifically known as Simmondsia chinensis. It is a polyunsaturated liquid wax and is close to sebum in composition, the natural oil produced by the skin. As a result of this, it is easily absorbed by the skin, rarely causing any allergic reactions, and discourages the growth of various bacterial and fungal microbes that attack the skin. It also provides nourishment to dry skin and regulates and re-balances oil production in oily skin. On account of this, jojoba oil is extensively used by skin care brands as a replacement for animal fats in the production of body creams and lotions.

Jojoba oil has a long shelf life as it does not oxidize or become rancid and does not break down under high temperature and pressure. Owing to this property, it serves as an essential ingredient in various skin care products, such as moisturizers, facial cleansers, scar and stretch mark minimizers, and anti-acne gels; and hair care products, such as hair conditioners, de-tangling creams and hair regrowth serums. Apart from this, jojoba oil consists of several vitamins and minerals, such as vitamin E and B complex, silicon, chromium, copper, iodine, and zinc. As a result, it used as a diet supplement and a core ingredient in several pharmaceuticals products for treating sores, cuts, bruises and burns, athlete's foot and warts. Moreover, as jojoba seeds can be cultivated after five years, the leading companies are investing in research and development (R&D) activities to develop innovative and affordable technologies to ensure a consistent supply of oil resources.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global jojoba oil market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on application and distribution channel.

Breakup by Application:

  • Cosmetics
  • Pharmaceutical
  • Industrial
  • Others
Based on the application, cosmetics represents the largest application segment. As jojoba oil has a lasting moisturizing effect, it is increasingly being used in several cosmetics products such as exfoliators, moisturizers and body lotions.

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others
At present, jojoba oil is most widely distributed through supermarkets and hypermarkets.

Regional Insights:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America
On the geographical front, North America enjoys the leading position in the market. This can be attributed to the flourishing personal care and cosmetics industry in the region.

Competitive Landscape:

The competitive landscape of the market has been examined in the report, covering the detailed profiles of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

  • Purcell Jojoba International
  • Eco Oil Argentina SA
  • Egyptian Natural Oil Co.
  • Inca Oil SA
  • The Jojoba Company
  • Desert Whale Jojoba Company

Key Questions Answered in This Report

1. What was the size of the global jojoba oil market in 2022?
2. What is the expected growth rate of the global jojoba oil market during 2023-2028?
3. What are the key factors driving the global jojoba oil market?
4. What has been the impact of COVID-19 on the global jojoba oil market?
5. What is the breakup of the global jojoba oil market based on the application?
6. What is the breakup of the global jojoba oil market based on the distribution channel?
7. What are the key regions in the global jojoba oil market?
8. Who are the key players/companies in the global jojoba oil market?

Table of Contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Jojoba Oil Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Region
5.5 Market Breakup by Application
5.6 Market Breakup by Distribution Channel
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Rivalry
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Price Analysis
5.11.1 Key Price Indicators
5.11.2 Price Structure
5.12 Key Market Drivers and Challenges

6 Performance of Key Regions
6.1 North America
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Europe
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Asia Pacific
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Latin America
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Middle East and Africa
6.5.1 Market Trends
6.5.2 Market Forecast

7 Market Breakup by Applications
7.1 Cosmetics
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pharmaceutical
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Industrial
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast

8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Online Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast

9 Competitive Landscape

10 Jojoba Oil Manufacturing Process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Units Operations Involved
10.4 Mass Balance and Raw Material Requirements

11 Project Details, Requirements and Costs Involved
11.1 Land, Location and Site Development
11.2 Construction Requirements and Expenditures
11.3 Plant Machinery
11.4 Machinery Pictures
11.5 Raw Materials Requirements and Expenditures
11.6 Raw Material and Final Product Pictures
11.7 Packaging Requirements and Expenditures
11.8 Transportation Requirements and Expenditures
11.9 Utilities Requirements and Expenditures
11.10 Manpower Requirements and Expenditures
11.11 Other Capital Investments

12 Jojoba Oil Manufacturing Plant: Loans and Financial Assistance

13 Jojoba Oil Manufacturing Plant: Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis

14 Key Players Profiles
14.1 Purcell Jojoba International
14.2 Eco Oil Argentina SA
14.3 Egyptian Natural Oil Co
14.4 Inca Oil SA
14.5 The Jojoba Company
14.6 Desert Whale Jojoba Company

List of Figures
Figure 1: Global: Jojoba Oil Industry: Major Drivers and Challenges
Figure 2: Global: Jojoba Oil Market: Sales Volume (in Tons), 2017-2022
Figure 3: Global: Jojoba Oil Market: Sales Value (in Million US$), 2017-2022
Figure 4: Global: Jojoba Oil Market: Production Breakup by Region (in %), 2022
Figure 5: Global: Jojoba Oil Market: Consumption Breakup by Region (in %), 2022
Figure 6: Global: Jojoba Oil Market: Breakup by Application (in %), 2022
Figure 7: Global: Jojoba Oil Market: Breakup by Distribution Channel (in %), 2022
Figure 8: Global: Jojoba Oil Market Forecast: Sales Volume (in Tons), 2023-2028
Figure 9: Global: Jojoba Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Jojoba Oil Industry: SWOT Analysis
Figure 11: Global: Jojoba Oil Industry: Value Chain Analysis
Figure 12: Global: Jojoba Oil Industry: Porter’s Five Forces Analysis
Figure 13: Jojoba Oil Market: Price Structure
Figure 14: North America: Jojoba Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: North America: Jojoba Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Europe: Jojoba Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Europe: Jojoba Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Asia Pacific: Jojoba Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Asia Pacific: Jojoba Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Latin America: Jojoba Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Latin America: Jojoba Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Middle East and Africa: Jojoba Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Middle East and Africa: Jojoba Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Jojoba Oil Market (in Cosmetics): Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Jojoba Oil Market Forecast (in Cosmetics): Sales Value (in Million US$), 2023-2028
Figure 26: Global: Jojoba Oil Market (in Pharmaceuticals): Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Jojoba Oil Market Forecast (in Pharmaceuticals): Sales Value (in Million US$), 2023-2028
Figure 28: Global: Jojoba Oil Market (in Industrial Applications): Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Jojoba Oil Market Forecast (in Industrial Applications): Sales Value (in Million US$), 2023-2028
Figure 30: Global: Jojoba Oil Market (in Other Applications): Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Jojoba Oil Market Forecast (in Other Applications): Sales Value (in Million US$), 2023-2028
Figure 32: Global: Jojoba Oil Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2017 & 2022
Figure 33: Global: Jojoba Oil Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2023-2028
Figure 34: Global: Jojoba Oil Market: Sales through Convenience Stores (in Million US$), 2017 & 2022
Figure 35: Global: Jojoba Oil Market Forecast: Sales through Convenience Stores (in Million US$), 2023-2028
Figure 36: Global: Jojoba Oil Market: Sales through Online Stores (in Million US$), 2017 & 2022
Figure 37: Global: Jojoba Oil Market Forecast: Sales through Online Stores (in Million US$), 2023-2028
Figure 38: Global: Jojoba Oil Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
Figure 39: Global: Jojoba Oil Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
Figure 40: Jojoba Oil Manufacturing Plant: Detailed Process Flow
Figure 41: Jojoba Oil Manufacturing Process: Conversion Rate of Feedstocks
Figure 42: Jojoba Oil Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 43: Jojoba Oil Industry: Margins Across Various Stages of the Supply Chain
Figure 44: Jojoba Oil Production: Manufacturing Cost Breakup (in %)

List of Tables
Table 1: Global: Jojoba Oil Industry: Key Industry Highlights, 2022 and 2028
Table 2: Jojoba Oil: Key Applications
Table 3: Global: Jojoba Oil Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 4: Global: Jojoba Oil Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Jojoba Oil Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 6: Global: Jojoba Oil Market: Competitive Structure
Table 7: Global: Jojoba Oil Market: Key Manufacturers
Table 8: Jojoba Oil Manufacturing Plant: Raw Material Requirements (in Tons/Day)
Table 9: Jojoba Oil Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 10: Jojoba Oil Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 11: Jojoba Oil Manufacturing Plant: Machinery Costs (in US$)
Table 12: Jojoba Oil Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (US$/Ton)
Table 13: Jojoba Oil Manufacturing Plant: Costs Related to Utilities

Companies Mentioned

  • Purcell Jojoba International
  • Eco Oil Argentina SA
  • Egyptian Natural Oil Co Inca Oil SA
  • The Jojoba Company
  • Desert Whale Jojoba Company Inc.

Methodology

Loading
LOADING...